Check out the February 2015 issue of Food & Beverage Packaging, with features on breakthroughs in beverage packaging, the popularity of can packaging for craft beer, and much more!
If the beverage industry were a baseball team, there would be a lot of different players, from water to wine, spirits to soda and the juices, coffee and teas in between.
Late last year Tetra Pak (tetrapak.com) released its seventh Dairy Index. The report reveals that global demand for milk is set to surge by 36% in the next decade, largely due to population growth, rising prosperity and urbanization in Africa, Asia and Latin America.
Craft beer has revolutionized the industry and is moving out of microbreweries and into the main market. According to the Brewers Association, there were over 3,200 brewers in the United States as of November 2014.
In their latest Global Beverage Packaging Market report, market research firm TechNavio (technavio.com) estimates that the beverage packaging industry will have a compounded annual growth rate of 4.11% globally over the next four years.